Dealings in securities by directors and an associate of a director of the company REDEFINE PROPERTIES LIMITED (Incorporated in the Republic of South Africa) (Registration number 1999/018591/06) JSE share code: RDF ISIN: ZAE000190252 (Approved as a REIT by the JSE) ("Redefine" or the "company") DEALINGS IN SECURITIES BY DIRECTORS AND AN ASSOCIATE OF A DIRECTOR OF THE COMPANY Shareholders are advised that pursuant to the declaration of a cash dividend for the six months ended 28 February 2018 with an election to reinvest the cash dividend in return for shares, the results of which were announced on Monday, 28 May 2018 (the "share reinvestment alternative"), directors of the company elected to reinvest the cash dividend in respect of shares held by them under the Matching Scheme of the Redefine Executive Incentive Scheme and received shares as follows: Name of director: Marc Wainer Transaction date: 25 May 2018 Class of securities: Ordinary shares Number of securities: 21 497 Price per security: R11.00 Total value of transaction: R236 467.00 Nature of transaction: Off-market reinvestment in terms of share reinvestment alternative Nature and extent of director's interest: Direct beneficial Clearance to deal received: Yes Name of director: Andrew König Transaction date: 25 May 2018 Class of securities: Ordinary shares Number of securities: 17 331 Price per security: R11.00 Total value of transaction: R190 641.00 Nature of transaction: Off-market reinvestment in terms of share reinvestment alternative Nature and extent of director's interest: Direct beneficial Clearance to deal received: Yes Name of director: Leon Kok Transaction date: 25 May 2018 Class of securities: Ordinary shares Number of securities: 11 934 Price per security: R11.00 Total value of transaction: R131 274.00 Nature of transaction: Off-market reinvestment in terms of share reinvestment alternative Nature and extent of director's interest: Direct beneficial Clearance to deal received: Yes Shareholders are further advised that pursuant to the share reinvestment alternative, a director of Redefine, elected to reinvest the cash dividend in respect of shares held by him, and received shares as follows: Name of director: Bernard Nackan Transaction date: 25 May 2018 Class of securities: Ordinary shares Number of securities: 586 Price per security: R11.00 Total value of transaction: R6 446.00 Nature of transaction: Off-market reinvestment in terms of share reinvestment alternative Nature and extent of director's interest: Direct beneficial Clearance to deal received: Yes Shareholders are further advised that pursuant to the share reinvestment alternative, an associate of a director of Redefine, elected to reinvest the cash dividend in respect of shares held by her, and received shares as follows: Name of associate: Lesley Wainer Name of director: Marc Wainer Relationship to director: Wife Transaction date: 25 May 2018 Class of securities: Ordinary shares Number of securities: 18 056 Price per security: R11.00 Total value of transaction: R198 616.00 Nature of transaction: Off-market reinvestment in terms of share reinvestment alternative Nature and extent of director's interest: Not applicable 31 May 2018 Sponsor Java Capital Date: 31/05/2018 03:25:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.